SEC Investigates Package
That GE Granted Welch

Everyone knew that Jack Welch's divorce would cost him a lot. Now, it's becoming clearer that it could cost his former employer, General Electric Co., as well.

GE disclosed Monday that the Securities and Exchange Commission has launched an "informal investigation" into the luxury housing, private jet travel and other benefits that the company provided its retired chairman and chief executive -- even as Mr. Welch decided to...